Kraken Unveils a New Wrapped Bitcoin Product—Right here’s What It Means for Defi

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Kraken has launched KBTC, a wrapped bitcoin product absolutely backed 1:1 by bitcoin and appropriate with a number of networks. KBTC goals to develop bitcoin’s use past its native chain and into decentralized finance (defi) ecosystems. Kraken Introduces KBTC to Improve Bitcoin’s Utility Throughout Networks Kraken’s KBTC is an ERC20 token that permits bitcoin (BTC) to work together […]

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